Lummus Technology, a global leader in process technologies and sustainable energy solutions, has joined forces with RWDC Industries, a pioneering biotechnology firm specializing in biopolymer materials. Together, they have announced a binding Joint Development and Commercial Cooperation Agreement (JDCCA) to expedite the manufacturing and global licensing of polyhydroxyalkanoates (PHA). This partnership follows the memorandum of understanding (MOU) signed by Lummus and RWDC in April, outlining their collaboration on global PHA deployment initiatives.
Leon de Bruyn, President and CEO of Lummus Technology, emphasized the shared commitment of Lummus and RWDC to tackle plastic waste and reduce the carbon footprint associated with conventional plastics production. He stated, “Our partnership in this innovative space aligns with the United Nations’ Sustainable Development Goals, reflecting our ongoing dedication to developing technologies that accelerate the use and availability of eco-friendly plastics.”
Dr. Daniel Carraway, CEO of RWDC, expressed enthusiasm for the collaboration, highlighting the potential to improve lives and promote health by scaling up the production of PHA polymers and resins. He added, “Lummus’ and RWDC’s decision to work together is an exciting development toward making it possible for more people to benefit from natural materials while preserving resources and our environment for future generations.”
RWDC’s approach involves using plant-based oils, including post-consumer or waste cooking oils, to produce its proprietary Solon™ PHA. This biopolymer can be organically recycled or composted in both home and industrial composting facilities. PHA-based products or packaging that find their way into the environment will fully biodegrade in soil, freshwater, and marine settings, mitigating the accumulation of persistent plastics and microplastics. Furthermore, articles made with PHA can be recycled, reused, or returned to the carbon cycle through organic recycling or composting systems.
Lummus’ decision to partner with RWDC underscores the attractiveness of RWDC to licensors. This is attributed to RWDC’s track record of technological innovation, robust commercial value proposition, favorable unit economics, and existing global brand partnerships that continually validate market demand.
RWDC is uniquely positioned as the sole PHA manufacturer in the market capable of providing scalable and cost-effective biopolymer production. Additionally, they offer best-in-class formulation capabilities and guidance for product development. The collaboration with Lummus further solidifies RWDC’s position as a market leader. Lummus, renowned for its polymer expertise exemplified by its Novolen® polypropylene technology, underscores its commitment to innovation and sustainable solutions within the plastics industry.
About Lummus Technology: Lummus Technology is a global leader in developing technology solutions that facilitate modern life and focus on a more sustainable, low-carbon future. The company licenses process technologies across various sectors, including clean fuels, renewables, petrochemicals, polymers, gas processing, and offers supply lifecycle services, catalysts, proprietary equipment, and digitalization to customers worldwide. To learn more about Lummus, visit www.LummusTechnology.com.
About RWDC Industries: Established in 2016, RWDC Industries is a biotechnology company that leverages natural processes to create materials for everyday use. RWDC specializes in innovative, cost-effective biopolymer material solutions, including Solon™ PHA, a fully biodegradable and environmentally safe material capable of replacing plastic in a wide range of applications. RWDC advocates for sustainable practices and encourages responsible choices in plastic waste management, including recycling, to safeguard our environment and planet. The company’s global headquarters is in Singapore, with operational headquarters in Athens, Georgia.